Spain raises 2026 growth forecast to 2.6% despite Middle East conflict
The Spanish government on Monday raised its economic growth forecast for 2026 to 2.6%, up from its previous estimate of 2.2%, arguing that the country’s...
Energy
Bank of Spain maintains growth outlook but raises inflation forecast amid Middle East tensions
Spain’s central bank has maintained its economic growth forecasts while raising its inflation outlook, warning that higher energy prices linked to the conflict in the...
Spotlight: the ‘Solar Tycoon’ taking his Marbella company national
At 31, a Scottish civil engineer moved to Marbella, became co-owner and CEO of a small local solar company, and built it into one of...
Spain to phase out electricity and gas tax relief from 1 June as inflation eases
Spain’s temporary VAT (IVA) reductions on electricity and natural gas will come to an end on 1 June after energy prices eased, meaning households will...
Spain signals support for EU jet fuel sharing as imports from US & Nigeria increase
Spain is prepared to play an active role in any European Union initiative to share jet fuel reserves and is open to the idea of...
Spain joins four other EU nations in urging tax on energy firms’ windfall profits
Spain has joined four other European Union countries in calling for a bloc-wide windfall tax on energy companies, as rising fuel prices linked to the...
Pedro Sánchez: Middle East conflict ‘much worse’ than 2003 invasion of Iraq
Spanish Prime Minister Pedro Sánchez warned on Wednesday that the ongoing war in the Middle East represents a scenario ‘far worse’ than the 2003 invasion...
Spain’s energy minister urges power firms to make last year’s blackout information public
Spain’s Energy Minister Sara Aagesen (main image) on Monday urged electricity companies to disclose all the data they hold on the widespread blackout that struck Spain...
Spain unveils €5bn emergency package to offset energy shock from Middle East conflict
The Spanish government has approved a €5 billion package of emergency measures aimed at softening the economic fallout from the conflict in the Middle East,...
As fuel prices surge in Spain amid war in Iran, economy minister vows to ‘protect citizens, businesses and workers’
Fuel prices at Spanish petrol stations have risen steeply since the outbreak of the Iran war, with diesel costs jumping by more than 20%, according...
